* Futures down: Dow 27 pts, S&P 6.75 pts, Nasdaq 12.75 pts
By Yashaswini Swamynathan
April 18 U.S. stock index futures were lower on
Tuesday as investors weighed a possible delay in tax reforms,
while keeping an eye on quarterly earnings and global politics.
* U.S. Treasury Secretary Steven Mnuchin told the Financial
Times on Monday that the Trump administration's timetable for
tax reform was probably delayed following setbacks in
negotiations with Congress over healthcare.
* Mnuchin's statement added to concerns about President
Donald Trump's ability to deliver on his promises to cut taxes
and simplify regulations - bets on which U.S. stocks have hit
record highs since his election.
* A raft of quarterly earnings from corporate heavyweights
is expected to keep investors busy. Bank of America
shares rose 1.3 percent premarket after the company reported a
strong jump in quarterly profit.
* Goldman Sachs, which is scheduled to report results
before markets open, was up 0.3 percent.
* Safe-haven bets continued to be in favor as investors
remained on the edge ahead of critical presidential elections in
France and tensions between the United States and North Korea.
* In an unscheduled statement, British Prime Minister
Theresa May called for an early election on June 8 to guarantee
political stability as the country negotiates its way out of the
* Gold prices hovered close to five-month highs, while the
* Wall Street had closed higher in very thin trading volumes
on Monday as investors bought technology and bank stocks.
* Shares of Dow component UnitedHealth rose 2.3
percent to $170.95 premarket after the health insurer reported
quarterly revenue and profit that beat analysts' estimates.
* Johnson & Johnson slipped 0.9 percent to $124.60
after the healthcare conglomerate reported quarterly revenue
that missed analysts' expectations.
* A report on March building permits is due at 8:30 a.m. ET
(1230 GMT), while manufacturing output data for the month is
expected at 9:15 a.m. ET.
Futures snapshot at 6:55 a.m. ET:
* Dow e-minis were down 27 points, or 0.13 percent,
with 27,231 contracts changing hands.
* S&P 500 e-minis were down 6.75 points, or 0.29
percent, with 149,238 contracts traded.
* Nasdaq 100 e-minis were down 12.75 points, or 0.24
percent, on volume of 26,730 contracts.
(Reporting by Yashaswini Swamynathan in Bengaluru; Editing by